Affordable Housing Corporation header Instagram




Down Payment Assistance

Lack of upfront cash to pay for down payment and loan costs is the biggest obstacle to home purchase.  AHC removes this obstacle by providing eligible borrowers with up to 5% of the purchase price to help with down payment and loan costs, depending on how much you need. Here’s what you need to know:

Household Size 1 2 3 4 5 6 7 8
80% MFI
$43,050 $49,200 $55,350 $61,500 $66,450 $71,350 $76,300 $81,200
100% MFI
$53,900
$61,600 $69,300 $76,900 $83,100 $89,300 $95,400 $101,600
Above effective as of 6/2016.  Guidelines are determined by HUD and are adjusted annually. 

 

Get Started

1) We strongly encourage you to attend a Home Buyer Education Class

2) Call 847/263-7478 to speak with a counselor or submit an application packet, including:

Download the Homeownership Opportunities flyer
Descarga el folleto de Oportunidades para ser dueños de casa